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Purpose-built in 2012, the 40-unit standalone Memory Care community is located in Katy, Texas, one of the most affluent and supply-constrained submarkets within the Houston MSA.
The community is strategically positioned in a high-income area supported by strong private-pay fundamentals and favorable long-term growth in the 85+ population.
Blueprint executed a targeted and confidential marketing process, emphasizing the asset’s real estate quality, desirable location, and clear path to operational upside through lease-up and expense normalization.
The process generated strong interest from regional and national investors seeking standalone memory care opportunities with meaningful value-add potential in top-tier Texas markets.
The winning bidder was a national owner/operator with whom Blueprint has closed multiple transactions across Texas.
The transaction underscores continued investor demand for well-located memory care communities and highlights Blueprint’s ability to deliver certainty of execution on complex seniors housing assignments.
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